European Center for Advanced Research in Economics and Statistics

Dear colleagues,

Please find attached the invitationto the next Joint Seminar in Macroeconomics by Günter Coenen (European Central Bank)

on

Macroeconomiceffects of carbon transition policies: an assessment based on the ECB’s NewArea-Wide Model with a disaggregated energy sector
(co-authored with Matija Lozej and Romanos Priftis)

The seminar willtake place on Thursday, October 12^th from16:30 until18:00 in Conference Room Lamfalussy, entrance: boulevard deBerlaimont 14, 1000 Brussels and willalso be able to be followed via a Microsoft Teams meeting.

We hope that you will circulate thisinvitation to your colleagues.

Please reply byemail to nbbmacro.seminar@nbb.be if you wish to participate to thisseminar or if you want to have an appointment with the speaker.

Please let usknow if you will be physically present or will be following online by Teams. After registration and if you haveindicated that you want to join online you will receive a confirmation emailwith the link to the seminar.

Looking forward to seeing you there.

Kind regards,

Pierrick Clerc (ULiège), Ferre De Graeve (KULeuven), Romain Houssa (UNamur), Robert Kollmann (ULB), Yasin Kursat Önder(UGent), Luca Pensieroso (UCLouvain) and Raf Wouters (NBB)

Dear colleagues,

You are kindly invited to attend a Financial Research Seminar co-organised by theNational Bank of Belgium and the Belgian universities (KU Leuven, UA, UCL,UGent, ULB, ULg, UMons, UNamur, USaint-Louis, Vlerick and VUB).

by

Ross Levine (Senior Fellow at the HooverInstitution at Stanford - National Bureau of Economic Research)

on

Creditmarket conditions and mental health
(co-authoredwith Qing Hu, Chen Lin, and Mingzhu Tai)

Abstract

Research offers conflictingpredictions about the impact of credit conditions on mental health. We first assesshow bank regulatory reforms that improved credit conditions, e.g., by enhancingthe efficiency of credit allocation and lowering lending rates, impacted mentalhealth. We discover that among low-income individuals, these regulatory reformsreduced mental depression, boosted labor market outcomes, eased access tomortgage debt, and reduced the ranks of the “unbanked.” We also find thatmergers of large regional banks that led to branch closures and tighter creditconstraints in affected counties harmed the mental health of lower-incomeindividuals in treated counties.

The seminar will takeplace on Thursday, October 19, 2023 from 16:00 until 17:30 in the Auditorium of theNational Bank of Belgium (Room A), entrance: rue Montagne aux Herbes potagères61, Brussels. After the seminar there will be the opportunity to network duringa short reception.

Please reply by mail to nbbfinancial.seminar@nbb.be if you wish to participate to thisseminar. Due to security measures it is necessary that you register beforeThursday, October 12. Without registration, you will not be allowed inthe seminar room.

You willreceive a nominative badge at the entrance. We recommend that you arrive atleast 10 minutes before the start of the seminar.

In case you want to access the NBBParking (rue Montagne aux Herbes potagères 41), please also provide us withyour name and the license plate of your car.

Importantly, the speaker isavailable for bilateral meetings. If you want to have a bilateral appointmentwith the speaker; indicate this in your confirmation email before October 5.We can offer (shared) office space for the time between your meeting and theseminar. 

Kind regards,

Olivier De Jonghe (NBB), T. Roukny (KU Leuven), S.Damen (UA), B. Candelon (UCL), K.Inghelbrecht (UGent), K. Oosterlinck(ULB), J. Hambuckers (ULg), L. Pozniak (UMons), J.Y. Gnabo (UNamur), A. Girard (USaint‑Louis),D. Veredas (Vlerick) and S. Vanduffel (VUB)